Holder
/ˈhoʊldər/
Definitions
- (n.) A person or entity in possession of a legal right or document, such as a negotiable instrument or title.
The holder of the promissory note is entitled to enforce payment.
- (n.) A person who currently possesses an instrument or security, with the rights associated therein.
The holder of the stock certificate can vote at the shareholders' meeting.
Forms
- holders
See also
Commentary
In legal drafting, 'holder' specifically denotes the possessor of a negotiable instrument with rights to enforce or transfer it, distinct from 'bearer' who may possess the instrument without ownership rights.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.